Recent content by 4thandGoal

Wow. What a relief. I can now stop my worry about this. You are a good and kind person willing to help others. There are too few people willing to help others today. Thanks again, Mike

I am a bit confused (happens a lot lately). I need to know if Medicare will look at my tax return in each and every future year to determine my premium for the following year? Late in 2016 will they review, via IRS, my 2015 return and determine my 2017 premium, then in late 2017 review with IRS...

I just thought of something. In 2017 will they look at my 2015 tax return, see my income in 2015 was below the IRMAA threshold, and reduce my premiums? Or does it just work the other way around?

I never imagined they were that vigilant. Thank you for helping me with this. It's good to know you are here because I am likely to have more questions. What you do is very kind. Mike

Unfortunately I do not expect an income increase in the future. Do they check your tax return every year while you are on Medicare?

Thank you so much for your response. Instead of appealing (it looks certain that I would lose the appeal) I plan to decline Part B at this time. Just to make sure I have things correctly: If I send the recently received Medicare Card back to Medicare now, declining Part B coverage, and wait...

Hello, new guy here from Nevada. My Medicare coverage begins April 1, 2016. Situation: Medicare used my 2014 Federal Tax filing to determine my Part B premium. It happens that in 2014 I took a large amount from a retirement account to fund a mortgage. This amount is included as income on my...